The January – June 2015 Consultation Site Schedule is now available on our website. Be sure to let your employees know about these new dates so they can schedule appointments with us accordingly.
Will you have elected or appointed officials starting a new term in 2015? Make sure they know their responsibilities for recording their time worked — this way, you can ensure they receive the appropriate service credit while in office. Find out more on our Elected and Appointed Officials page.
For calendar year 2014, the overtime limit for ERS Tier 5 members is $16,882.63, while PFRS Tier 5 and 6 members have a cap of 15 percent of their regular salary. The overtime limit for ERS Tier 6 members is based on the State fiscal year and is $15,490 for the fiscal year ending March 31, 2015. Please email our Member & Employer Services Bureau if you have any questions.
The legislation that created Tier 6 established variable contribution rates for members based on their annualized wage. This video will help you understand how rates are determined and your important role in the process.